On June 29, analysts at Economies have the latest opinion today: Brent crude oil prices continue to rise, testing the key resistance level of 74.30. The indicator also lost the bullish signal it provided.
These factors therefore encourage us to suggest a bearish pullback in the coming sessions to continue the downtrend, noting that our next target is at 71.60 but it needs to stay below 74.30 for this to happen.
Today’s expected trading range is between 72.00 support and 75.00 resistance.